El Salvador's President Nayib Bukele is proposing the establishment of private investment banks that will offer Bitcoin investors access to financial services with fewer restrictions than traditional banks. The proposed Bank for Private Investment (BPI) will not face the same stringent laws as traditional banks, including restrictions on overseas engagement and loan limitations. If approved, these banks must be created with a minimum share capital of $50 million and require at least two shareholders. The BPI would be able to operate in any legal tender, including the US Dollar and Bitcoin.